Q1 2021 Business Update slide image

Q1 2021 Business Update

Business Update 02 Our duration-adjusted commercial deal value grew by 76% year-over-year. H Total deal value is the total remaining deal value of contracts that have been awarded by our government and commercial customers and includes existing contractual obligations and unexercised contract options available to those customers. Total deal value presumes the exercise of all contract options and no termination of contracts; however, the majority of our contracts are subject to termination for convenience provisions and there can be no guarantee that contracts are not terminated or that contract options will be exercised. Commercial deal value growth on a constant duration basis represents the growth of total deal value from commercial customers divided by dollar-weighted average commercial contract duration year-over-year.
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